$10,000 Closing Credit¹
#488316, Listing Office: Ben Bay Realty Co
$1,530,000 List price
518 39th St Brooklyn, NY 11232
$10,000
Closing credit¹
12 beds
6 full
4,815 sqft
$318 / sqft
Multi-Family
Property details
About 518 39th St
Solid Brick Building in Sunset Park for investors Great Opportunity to own 6 Family Building each unit 2 bedrooms , Living room, Eat in kitchen, full bathroom. 5 units rents Stabilizer. long terms Excellent Tenants. Basement Front entrance and Rear entrance high Ceiling and dry semi finished Bathroom , two office Rooms. storage ,Utilities area. Door to Backyard. Updated Roof 3 years, Boiler 3 years. CAP rate returns 6 % . Building has lots of potential . Close to R train Station, Costco and public Transportation.
Highlights
Home typeMulti Family
HeatingSteam, Oil
StatusActive
Size4,815 sqft
BasementYes
Year built1925
ParkingNone, Street
MLS #487419
FireplaceStove
Summary
- MLS Number: 487419
- Office Name: Re/Max Real Estate Professiona
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Last updated on: 4/13/2025, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,530,000
518 39th St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $339,480 | $14,316 |
| 2023 | $424,350 | $13,257 |
| 2021 | $389,700 | $11,668 |
| 2019 | $427,050 | $10,986 |
| 2018 | $81,571 | $9,830 |
| 2017 | $79,011 | $9,128 |
History based on county public records data.
Nearby schools
5
P.S. 198 Brooklyn
Public Magnet PK-5
0.5 mi
•4105 Farragut Rd
7
P.S. 208 Elsa Ebeling School
Public District PK-5
0.5 mi
•4801 Avenue D
3
P.S. 361 East Flatbush Early Childhood School
Public District KG-2
0.6 mi
•1957 Nostrand Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,736. Typical income of Brooklyn, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
30%
<35k
39%
35k-100k
28%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
19%
Single, with Kids
24%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
IKEA
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Starbucks
What do the neighbors drive?
Lexus
Toyota
BMW
What do the neighbors listen to?
Soft Adult Contemporary
Jazz
News
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 518 39th St in Brooklyn, NY and zip code 11203 in the Farragut neighborhood. This 4,815 square foot home was built in 1925. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,530,000.
While more than 22 listings in Brooklyn, NY in March 2025 were sold above asking price, there were more than 171 listings sold at asking price, and more than 156 were sold below. The inventory of homes for sale in Brooklyn, NY between February and March 2025 increased by 3.8%. The median list price of listings available in March 2025 was $995,066, while the average time on the real estate market was 142 days.
From Rocket Homes Real Estate and based on county public records data.